SENATE BILL 470

File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 835

Sponsored By:

Senator Gladden

Entitled:

Maryland Transit Authority Pension Plan - Transfer of Service Credit

Synopsis:

Providing that specified individuals who were members of the Employees' Retirement System and the State Contributory Employees' Pension System may transfer service credit to the Maryland Transit Authority Pension Plan; providing for a refund of member contributions; requiring the transfer of employer contributions to the accumulation fund of the Maryland Transit Authority Pension Plan on behalf of specified individuals; etc.

History by Legislative and Calendar Date

Senate Action

2/2

First Reading Budget and Taxation

2/21

Hearing 3/8 at 8:00 a.m.

2/28

Hearing cancelled

Hearing 3/22 at 8:30 a.m.

3/6

Hearing cancelled

Hearing 3/8 at 8:00 a.m.

3/26

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government

Mass Transit -see also- Buses; Railroads

Retirement Systems -see also- Mandatory Retirement

State Employees

Sunset

Transportation, Department of

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered